SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 29, 2018
MARATHON PATENT GROUP, INC.
(Exact Name of Registrant as Specified in Charter)
(State or other jurisdiction
11601 Wilshire Blvd., Ste. 380
Los Angeles, CA
|(Address of principal executive offices)||(Zip Code)|
Registrant’s telephone number, including area code: (800) 804-1690
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
|[ ]||Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
|[ ]||Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)|
|[ ]||Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))|
|[ ]||Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
|ITEM 5.02||Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.|
Resignations of Edward Kovalik and Christopher Robichaud
On June 28, 2018, Edward Kovalik and Christopher Robichaud resigned as directors of Marathon Patent Group, Inc. (the “Company”) for personal reasons. They did not indicate that they resigned for any reasons related to the Company’s practices. The Company has commenced a search for replacement directors who meet the definition of “independent” to fill these two vacancies.
|ITEM 7.01||Regulation FD Disclosure|
On June 28, 2018, the Company issued a press release announcing, among other things, that they had determined not to extend the second extension date for closing of the Company’s proposed merger with Global Bit Ventures. Accordingly, as of June 28, 2018, the present date set for closing of the merger expired.
|ITEM 9.01||Financial Statements and Exhibits|
The exhibits listed in the following Exhibit Index are filed as part of this Current Report on Form 8-K.
|99.1||Marathon Patent Group, Inc., Press Release dated June 28, 2018|
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: June 29, 2018
|MARATHON PATENT GROUP, INC.|
|By:||/s/ Merrick Okamoto|
|Title:||Interim Chief Executive Officer|